ICE and CME Trade Repositories Approved for EMIR
ESMA have approved both ICE TradeVault and the CME's Trade Repository to operate under EMIR. This expands the list of approved TRs to six. ESMA's press release can be found here.
FCA delay start of physical forwards MTF ruling to 12th February
The FCA have issued a new statement in connection with the ruling that physical forwards executed via an MTF (multilateral trading facility) count as a derivative.The start date on which…
New white paper from Allegro on EMIR and REMIT
Allegro Development have issued a new white paper summarising EMIR and REMIT as well as their solution. It can be downloaded here.
Credit risk, CVA and DVA: Article on the Impact of EMIR
CreditEn have issued a short paper on the impact of EMIR on credit risk, CVA (Credit Value Adjustment) and DVA (Debt Value Adjustment). It provides some food for thought.
LME and DTCC announce partnership for EMIR reporting
The London Metals Exchange (LME) and DTCC today announced a partnership to connect LME Clear to DTCC for EMIR reporting purposes. The link is set to enable trades executed on…
Interesting post on UTIs from Commerzbank
There isan interesting guest post on RegTechFS from Commerzbank about how they are addressing the UTI issue. The issues are slightly different for us in the energy industry, but it makes…
Notes on the REMIT Public Workshop held on 7th November 2013
Notes taken by ETR at the public workshop on REMIT held at ACER's offices in Ljubljana on 7th November can be found here.
ESMA finalises clearing and risk mitigation obligations for non-EU OTC derivatives
ESMA have published their final recommendation to the Commission on clearing and risk mitigation obligations for non EU OTC derivatives. Interesting stuff on measuring the impact of non EU trades…
Letter from ESMA to Commission objecting to ETD decision
Last week ESMA sent a letter to the European Commission reiterating their disappointment at the refusal to delay the reporting of Exchange Traded Derivatives under EMIR, and pointing out the difficulties…
Approved LEI LOC list extended by ESMA
In case anyone missed it, last week's Q+A update on EMIR coincided with an update to the list of recognised LEI (Legal Entity Identifiers) pre LOUs (Local Operating Units that…